Unemployment Rate (user search)
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  Unemployment Rate (search mode)
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Poll
Question: How high do you expect the official unemployment rate will go?
#1
10%
 
#2
11%
 
#3
12%
 
#4
13%
 
#5
14%
 
#6
15%
 
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Partisan results

Total Voters: 37

Author Topic: Unemployment Rate  (Read 8892 times)
Frodo
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Posts: 24,583
United States


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« on: May 20, 2009, 10:19:44 PM »

The recession may end towards the end of this year, but we all know that unemployment is a lagging indicator and will get worse before it gets better, reaching its peak sometime next year. 

I am asking what do you think that peak will be.

Personally, I would not be surprised if it hits between 12 to 13% before it will all be finally over. 
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Frodo
Atlas Star
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Posts: 24,583
United States


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« Reply #1 on: July 02, 2009, 07:46:49 AM »
« Edited: July 02, 2009, 07:48:34 AM by Fading Frodo »

More jobs lost in June than expected; official unemployment rate rises to 9.5%, highest since 1983.

I can't say jmfcst's forecast of a recovery in the third quarter (or the early part of the fourth) is looking too good...  Tongue
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